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Deductions & credits
When you initially input income, specifically capital gains, you have no idea what will be left to distribute. If you under distribute, the trust pays a higher tax on any residual income. If you over distribute, the beneficiary overpays unnecessary taxes. The program should either have a feedback loop or a couple of alerts. One alert should be at where you originally input capital gains income, and another where distributions are entered.
It would also be helpful in answers to this question, TT would direct you to the specific step that needs modification.
‎February 27, 2026
10:46 AM